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Bulls have returned to the game at the beginning of the week, according to CoinMarketCap.
BTC/USD
The price of Bitcoin (BTC) has increased by 4.82% over the last day.
On the daily chart, the rate of BTC has continued to grow after yesterday's bullish closure. If the candle closes near the resistance of $63,302, there is a chance to see a breakout, followed by a move to the $66,000 zone.
Bitcoin is trading at $62,864 at press time.
ETH/USD
Ethereum (ETH) is more of a gainer than BTC, going up by 5.12%.
From the technical point of view, ETH is trading similarly to BTC. If buyers can hold the gained initiative until the end of the day and the bar closes around current prices, one can expect a test of the resistance level of $3,521 by the end of the week.
Ethereum is trading at $3,358 at press time.
XRP/USD
XRP has gained the least today, rising by 0.88%.
On the daily time frame, the rate of XRP is far from key levels, which means neither bulls nor bears are ready for a sharp move. In this case, ongoing consolidation in the zone of $0.52-$0.55 is the more likely scenario for the next few days.
XRP is trading at $0.5303 at press time.
Tomiwabold Olajide
Yuri Molchan